06/12/24View in Browser

Macron’s week to forget

By Théo Bourgery-Gonse

 

 

This week was, by any metrics, Emmanuel Macron’s worst since he entered office in 2017. Once hailed as a revolutionary leader and a European strongman, seven days were enough to fully expose the fragility of his presidency and the waning authority he exercises in Brussels.

It had everything to be a light and easy week.

On Sunday evening (1 December), Macron was jetting off to Riyadh, Saudi Arabia, for a three-day official visit that had reconciliation and lavish business opportunities splashed all over it – a diplomat’s dream.

The trip came as Crown Prince Mohammed bin Salman is making a grand return to the world stage, brushing off his global pariah status after the revelation he was behind the atrocious murder of journalist Jamal Khashoggi. Macron, craving a market share in this oil-rich country, got what he wanted: deals were signed, hands shaken, and smiles radiantly exchanged.

Strolling through iconic historic sites, strutting about in his Aviators shades, he looked at ease, unshaken, in his place. Things were good. But the press made very little of it. Instead, their attention was some 5,800 kilometres away.

In France, one of its most imperious political and economic crises was brewing, as Prime Minister Michel Barnier was pushing through en force a decried social security budget bill that, he knew, could make his government fall.

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The Roundup

EU - Mercosur deal finalised – The agreement will create one of the largest free-trade areas in the world, with tariffs removed for key EU exporting industries.

Econ brief – The global alliance of herbivores starts today

Hungary spy scandal – A joint report alleges that Hungarian intelligence searched EU officials’ hotel rooms, and stole data from laptops.

French political crisis – French President Emmanuel Macron blames the far-left and the far-right for the ‘chaos’ of his government's collapse. He said he would appoint a new prime minister in the coming days.

Migration policy – The Swedish government ordered several agencies to monitor the travel patterns of refugees to ensure asylum protection was not being abused.

Migration policy – Spanish Prime Minister Pedro Sánchez and the centre-right Partido Popular failed to agree on how the country's regions can take in hundreds of unaccompanied migrant minors under a solidarity quota scheme.

Energy policy – Moldova sacks energy minister over failure to tackle crisis. Prime Minister Dorin Recean says he will ask parliament to impose a state of emergency in the sector.

Environment policy – Italy’s Matteo Salvini warns of economic suicide over plans to overhaul EU car emission limits. He expressed hope that Ursula von der Leyen would change course.

Italian politics – Giulia Pastorella's plan to reunite Italian liberals. "Too often, we define ourselves by what we oppose," she commented.

Portuguese drugs haul – Portugal busts one of Europe's largest cocaine labs. Four Portuguese citizens, two Colombians and one Moroccan were arrested.

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[Edited by Martina Monti/Alice Taylor-Braçe/Rajnish Singh]
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